NYSE:CLS Celestica (CLS) Stock Forecast, Price & News $13.12 +0.27 (+2.10%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$12.91▼$13.2350-Day Range$10.63▼$13.1452-Week Range$8.21▼$14.28Volume484,963 shsAverage Volume445,726 shsMarket Capitalization$1.58 billionP/E Ratio10.84Dividend YieldN/APrice Target$14.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Celestica MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.5% Upside$14.50 Price TargetShort InterestHealthy1.84% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.15Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth13.83%From $1.88 to $2.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.18 out of 5 starsComputer And Technology Sector272nd out of 609 stocksPrinted Circuit Boards Industry6th out of 10 stocks 2.3 Analyst's Opinion Consensus RatingCelestica has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.50, Celestica has a forecasted upside of 10.5% from its current price of $13.12.Amount of Analyst CoverageCelestica has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.84% of the float of Celestica has been sold short.Short Interest Ratio / Days to CoverCelestica has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Celestica has recently decreased by 2.12%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCelestica does not currently pay a dividend.Dividend GrowthCelestica does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLS. Previous Next 1.8 News and Social Media Coverage News SentimentCelestica has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Celestica this week, compared to 3 articles on an average week.Search Interest6 people have searched for CLS on MarketBeat in the last 30 days. MarketBeat FollowsOnly 4 people have added Celestica to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Celestica insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Celestica is held by insiders.Percentage Held by Institutions56.26% of the stock of Celestica is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Celestica are expected to grow by 13.83% in the coming year, from $1.88 to $2.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Celestica is 10.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Celestica is 10.84, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 305.72.Price to Book Value per Share RatioCelestica has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Celestica (NYSE:CLS) StockCelestica, Inc. engages in the provision of supply chain solutions globally to equipment manufacturers and service providers. It operates through the following segments: Advanced Technology Solutions (ATS), and Connectivity and Cloud Solutions (CCS). The Advanced Technology Solutions (ATS) segment includes aerospace and defense, industrial, smart energy, health tech, and capital equipment businesses. The Connectivity and Cloud Solutions (CCS) segment consists of enterprise communications, telecommunications, servers, and storage businesses. The company was founded in 1994 and is headquartered in Toronto, Canada.Read More Receive CLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Celestica and its competitors with MarketBeat's FREE daily newsletter. Email Address CLS Stock News HeadlinesJune 1, 2023 | seekingalpha.comWhy Celestica Is A Stock To BuyMay 29, 2023 | msn.comCelestica: Undervalued With Solid Revenue GrowthJune 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 26, 2023 | markets.businessinsider.comRBC Capital Sticks to Its Hold Rating for Celestica (CLS)May 26, 2023 | markets.businessinsider.com4 Analysts Have This to Say About CelesticaMay 26, 2023 | americanbankingnews.comCelestica Inc. (NYSE:CLS) Receives $14.50 Average Price Target from BrokeragesMay 22, 2023 | fool.caCelestica Stock: Riding the Wave of Electronics Manufacturing Services?May 21, 2023 | americanbankingnews.comCelestica (NYSE:CLS) Rating Increased to Strong-Buy at StockNews.comJune 4, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 18, 2023 | theglobeandmail.comClosing Bell: Celestica Inc Sv up on Thursday (CLS)May 17, 2023 | msn.com2 Stocks to Watch in the Semiconductor SpaceMay 16, 2023 | msn.com4 of the Best Stocks to Invest $2,000 in Right NowMay 14, 2023 | americanbankingnews.comCelestica (NYSE:CLS) Downgraded by StockNews.comMay 12, 2023 | msn.comTFSA Investment Ideas: Popular Canadian Companies Worth ConsideringMay 3, 2023 | americanbankingnews.comBrokerages Set Celestica Inc. (NYSE:CLS) Price Target at $14.58April 30, 2023 | americanbankingnews.comCelestica (NYSE:CLS) Price Target Cut to $13.50April 30, 2023 | americanbankingnews.comCelestica (NYSE:CLS) Trading Down 4.3% on Analyst DowngradeApril 26, 2023 | finance.yahoo.comCelestica Announces First Quarter 2023 Financial ResultsApril 24, 2023 | americanbankingnews.comCelestica (CLS) Scheduled to Post Quarterly Earnings on WednesdayApril 18, 2023 | finance.yahoo.comWith EPS Growth And More, Celestica (TSE:CLS) Makes An Interesting CaseApril 15, 2023 | theglobeandmail.comClosing Bell: Celestica Inc Sv down on Friday (CLS)April 6, 2023 | americanbankingnews.comAnalysts Set Celestica Inc. (NYSE:CLS) Target Price at $14.58April 2, 2023 | americanbankingnews.comShort Interest in Celestica Inc. (NYSE:CLS) Grows By 18.3%March 24, 2023 | stocknews.com1 Stock That Profits From the Rise of Remote WorkMarch 21, 2023 | stocknews.com3 Stocks That Have Plenty of Room to Run in 2023March 6, 2023 | stocknews.com1 Tech Stock with a Promising Future to Buy NowMarch 2, 2023 | stocknews.com2 Under-The-Radar Momentum Stocks You Can Buy Now and Hold ForeverSee More Headlines CLS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLS Company Calendar Last Earnings3/13/2023Today6/03/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Printed circuit boards Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:CLS CUSIPN/A CIK1030894 Webwww.celestica.com Phone(416) 448-5800Fax416-448-2280Employees26,324Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.50 High Stock Price Forecast$15.50 Low Stock Price Forecast$13.50 Forecasted Upside/Downside+10.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.21 Trailing P/E Ratio10.84 Forward P/E Ratio6.98 P/E GrowthN/ANet Income$145.50 million Net Margins1.97% Pretax Margin2.80% Return on Equity15.14% Return on Assets4.51% Debt Debt-to-Equity Ratio0.44 Current Ratio1.43 Quick Ratio0.61 Sales & Book Value Annual Sales$7.25 billion Price / Sales0.22 Cash Flow$3.18 per share Price / Cash Flow4.12 Book Value$13.72 per share Price / Book0.96Miscellaneous Outstanding Shares120,680,000Free Float119,476,000Market Cap$1.58 billion OptionableOptionable Beta2.09 Key ExecutivesRobert A. MionisPresident, CEO & Executive DirectorYann L. EtienvreChief Operations OfficerMandeep ChawlaChief Financial OfficerJason PhillipsPresident-Connectivity & Cloud SolutionsTodd C. CooperPresident-Advanced Technology SolutionsKey CompetitorsCTSNYSE:CTSTTM TechnologiesNASDAQ:TTMIBenchmark ElectronicsNYSE:BHEKimball ElectronicsNASDAQ:KEPlexusNASDAQ:PLXSView All CompetitorsInstitutional OwnershipPutnam Investments LLCSold 6,800 shares on 5/22/2023Ownership: 0.340%JPMorgan Chase & Co.Bought 9,967 shares on 5/18/2023Ownership: 0.294%Donald Smith & CO. Inc.Bought 64,561 shares on 5/17/2023Ownership: 4.175%Geode Capital Management LLCBought 2,395 shares on 5/16/2023Ownership: 0.034%HBK Sorce Advisory LLCSold 3,572 shares on 5/16/2023Ownership: 0.026%View All Institutional Transactions CLS Stock - Frequently Asked Questions Should I buy or sell Celestica stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Celestica in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLS shares. View CLS analyst ratings or view top-rated stocks. What is Celestica's stock price forecast for 2023? 6 Wall Street analysts have issued 1-year price objectives for Celestica's shares. Their CLS share price forecasts range from $13.50 to $15.50. On average, they anticipate the company's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View analysts price targets for CLS or view top-rated stocks among Wall Street analysts. How have CLS shares performed in 2023? Celestica's stock was trading at $11.27 at the beginning of 2023. Since then, CLS stock has increased by 16.4% and is now trading at $13.12. View the best growth stocks for 2023 here. Are investors shorting Celestica? Celestica saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,890,000 shares, an increase of 23.5% from the April 15th total of 1,530,000 shares. Based on an average daily trading volume, of 499,400 shares, the short-interest ratio is currently 3.8 days. Approximately 1.9% of the shares of the company are sold short. View Celestica's Short Interest. When is Celestica's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our CLS earnings forecast. How were Celestica's earnings last quarter? Celestica Inc. (NYSE:CLS) announced its quarterly earnings results on Monday, March, 13th. The technology company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.03. The technology company earned $2.04 billion during the quarter, compared to analysts' expectations of $1.96 billion. Celestica had a net margin of 1.97% and a trailing twelve-month return on equity of 15.14%. What ETFs hold Celestica's stock? ETFs with the largest weight of Celestica (NYSE:CLS) stock in their portfolio include iShares International Developed Small Cap Value Factor ETF (ISVL).iShares International Small Cap Equity Factor ETF (ISCF). What guidance has Celestica issued on next quarter's earnings? Celestica issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $2.00-$2.05 for the period, compared to the consensus earnings per share estimate of $2.03. The company issued revenue guidance of $7.60B-, compared to the consensus revenue estimate of $7.60 billion. What is Rob Mionis' approval rating as Celestica's CEO? 94 employees have rated Celestica Chief Executive Officer Rob Mionis on Glassdoor.com. Rob Mionis has an approval rating of 63% among the company's employees. This puts Rob Mionis in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Celestica own? Based on aggregate information from My MarketBeat watchlists, some companies that other Celestica investors own include Aurora Cannabis (ACB), Quantum (QTM), Ballard Power Systems (BLDP), Portland General Electric (POR), NVIDIA (NVDA), Shopify (SHOP), AT&T (T), Advanced Micro Devices (AMD), Walt Disney (DIS) and Freeport-McMoRan (FCX). What is Celestica's stock symbol? Celestica trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLS." Who are Celestica's major shareholders? Celestica's stock is owned by a number of institutional and retail investors. Top institutional investors include Letko Brosseau & Associates Inc. (10.06%), Pzena Investment Management LLC (4.80%), Donald Smith & CO. Inc. (4.18%), Acadian Asset Management LLC (3.13%), Arrowstreet Capital Limited Partnership (1.80%) and Connor Clark & Lunn Investment Management Ltd. (1.29%). How do I buy shares of Celestica? Shares of CLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Celestica's stock price today? One share of CLS stock can currently be purchased for approximately $13.12. How much money does Celestica make? Celestica (NYSE:CLS) has a market capitalization of $1.58 billion and generates $7.25 billion in revenue each year. The technology company earns $145.50 million in net income (profit) each year or $1.21 on an earnings per share basis. How many employees does Celestica have? The company employs 26,324 workers across the globe. How can I contact Celestica? Celestica's mailing address is 5140 YONGE STREET SUITE 1900, TORONTO A6, M2N 6L7. The official website for the company is www.celestica.com. The technology company can be reached via phone at (416) 448-5800, via email at clsir@celestica.com, or via fax at 416-448-2280. This page (NYSE:CLS) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Celestica Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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